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[video] Quick Take: All Eyes on Jobs Report

NEW YORK ( TheStreet) -- The looming government shutdown possibilities are beginning to weigh on equity markets as TheStreet's Brittany Umar, David Peltier and Andrew Krill break down the week ahead.

Paychex (PAYX - Get Report) will report earnings on Monday after the close and Walgreen (WAG) will report Tuesday before the open.

Monsanto (MON - Get Report) will report earnings before the bell on Wednesday and Constellation Brands (STZ - Get Report) reports before the bell on Thursday.

Friday will likely be the biggest day of the week, because of the nonfarm payrolls report for the month of September, scheduled to be released at 8:30 a.m. EDT.

Krill said that economists will be looking for 180,000 jobs and a 7.3% unemployment rate. Umar added that if results come in higher than expectations, it will once again raise questions over when the Federal Reserve will begin tapering.

Peltier concluded that he's raised a lot of cash recently, in order to buy stocks on a potential dip from the current budget issues in Washington.


Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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